Third Quarterly Report
-
Date: 2025.10.30
Stock Code: 601615 Stock abbreviation: MYSE
2025 Third Quarterly Report
Important:
The Principal of the Company, the Chief Financial Officer and the Chief Accountant (the accounting manager), warrant the truthfulness, accuracy and completeness of the financial information contained in this Quarterly Report.
Whether the third quarter financial statements are audited
I. Key financial data
（I） Key accounting data and financial indicators
Unit: RMB Currency: RMB
|
Item |
Reporting period |
Change for this reporting period compared to the same period of previous year (%) |
From the beginning of the year to the end of the reporting period |
Change from the beginning of the year to the end of the reporting period compared to the same period of previous year (%) |
|
Operating revenue |
9,160,920,131.66 |
8.53 |
26,303,692,904.49 |
29.98 |
|
Total profit |
161,719,770.79 |
-28.64 |
821,111,984.34 |
-12.71 |
|
Net profit attributable to shareholders of the listed company |
155,829,868.51 |
5.39 |
765,756,951.96 |
-5.29 |
|
Net profit attributable to shareholders of the listed company after deducting non-recurring profit or loss |
95,261,837.01 |
-22.56 |
580,610,408.25 |
-14.47 |
|
Net cash flows from operating activities |
N/A |
N/A |
-4,925,987,922.44 |
N/A |
|
Basic earnings per share (RMB/share) |
0.07 |
- |
0.34 |
-5.56 |
|
Diluted earnings per share (RMB/share) |
0.07 |
- |
0.34 |
-5.56 |
|
Weighted average rate of return on net assets (%) |
0.57 |
Up 0.03 percentage points |
2.90 |
Down 0.03 percentage point |
|
|
At the end of the reporting period |
At the end of the previous year |
Change at the end of the reporting period as compared with the end of the previous year (%) |
|
|
Total assets |
91,328,495,344.87 |
86,794,501,247.32 |
5.22 |
|
|
Owners' equity attributable to shareholders of the listed company |
26,389,325,758.86 |
26,237,473,763.09 |
0.58 |
|
Note: "This reporting period" refers to the 3-month period from the beginning to the end of this quarter, same below.
（II） Non-recurring profit or loss items and amounts
Unit: RMB Currency: RMB
|
Non-recurring profit or loss items |
Amount in the current period |
|
Description |
|
Profit or loss from disposal of non-current assets (including the part offset with the provision for impairment of assets) |
-2,640,453.22 |
-8,896,836.69 |
|
|
Government subsidies (except for the grants which are closely related to the Company's business and have the standard amount and continuing impact on the Company's profit or loss in accordance with the national standard) attributable to profit or loss for the period |
29,221,364.10 |
73,090,268.89 |
|
|
Profit or loss from changes in fair value arising from held-for-trading financial assets by non-financial enterprises and financial liabilities, and profit or loss arising from disposal of held-for-trading financial assets and financial liabilities other than effective hedging business related to the Company's normal business operations |
30,103,607.46 |
100,951,820.67 |
|
|
Fund possession fee received from non-financial enterprises attributable to profit or loss for the period |
- |
|
|
|
Profit or loss from entrusting others to invest or manage assets |
26,073,607.82 |
92,726,350.86 |
|
|
Profit or loss from external entrusted loans |
- |
|
|
|
Asset impairment provisions due to force majeure factors such as natural disasters |
- |
|
|
|
Reversal of provision made for impairment of receivables that are individually tested for impairment |
291,379.53 |
1,359,388.42 |
|
|
Gains when the investment cost of acquiring a subsidiary, an associate and a joint venture is less than the fair value of the identifiable net assets of the invested entity |
|
|
|
|
The current net profit or loss of subsidiary resulting from combination under common control from the beginning of the period to consolidation date |
|
|
|
|
Profit or loss from exchange of non-monetary assets |
|
|
|
|
Profits or losses from debt restructuring |
|
|
|
|
One-off expenses arising from discontinued continuing activities of the company such as staff settlement expenses |
|
|
|
|
Impact on the current profit or loss by one-off adjustment according to laws and regulations related to tax and accounting |
|
|
|
|
Share payment expenses recognized due to cancelling and amending share option incentive scheme |
|
|
|
|
Profit or loss arising from the changes in fair value of employee compensation payable in respect of shares payment in cash after the vesting date |
|
|
|
|
Profit or loss from changes in fair value of investment properties subsequently measured in the fair value mode |
|
|
|
|
Gains from transactions with significantly unfair transaction prices |
|
|
|
|
Profit or loss arising from contingencies irrelevant to the Company's normal business operations |
|
|
|
|
Custody fee income from entrusted operations |
|
|
|
|
Other non-operating revenue and expenses other than the above |
-10,377,441.89 |
-41,557,516.45 |
|
|
Other profit or loss items that meet the definition of non-recurring profit or loss |
- |
|
|
|
Less: Effect of income tax |
10,672,564.29 |
33,087,715.90 |
|
|
Effect of minority interests (after tax) |
1,431,468.01 |
-560,783.91 |
|
|
Total |
60,568,031.50 |
185,146,543.71 |
|
Explanation on defining items that are not illustrated in the Explanatory Announcement on Information Disclosure for Companies Offering Their Securities to the Public No. 1 – Non-recurring Gain or Loss as non-recurring profit or loss items with significant amounts, and defining the non-recurring profit or loss items listed in the Explanatory Announcement on Information Disclosure for Companies Offering Their Securities to the Public No. 1 – Non-recurring Gain or Loss as recurring gain or loss items.
□ Applicable √Not applicable
（III） Changes for the major accounting data and financial indicators and the reasons thereof
□Applicable □√ Not applicable
II. Shareholders' information
（I） Total number of shareholders of ordinary shares and shareholders of preferred shares with restored voting rights and shareholdings of the top ten shareholders
Unit: share
Explanation of the participation of the shareholders who hold more than 5%, top 10 shareholders and top 10 shareholders who are not subject to selling restrictions in refinancing and borrowing business
□ Applicable √ Not applicable
Changes of top 10 shareholders and top 10 shareholders who are not subject to selling restrictions in refinancing business due to refinancing borrowing/repayment as compared with last period.
III. Other reminders
Other important information about the Company's operation in the reporting period that investors should be reminded of
IV. Quarterly financial statements
(I) Type of audit opinion
(II) Financial statements
Consolidated Balance Sheet
September 30, 2025
Prepared by:
Unit: RMB Currency: RMB Audit type: Unaudited
|
September 30, 2025 |
December 31, 2024 |
|
|
Current assets: |
||
|
Monetary funds |
8,351,643,542.96 |
14,583,771,022.88 |
|
Balances with clearing companies |
|
|
|
Loans to banks and other financial institutions |
|
|
|
Financial assets held for trading |
2,573,042,814.08 |
1,182,821.44 |
|
Derivative financial assets |
|
|
|
Notes receivable |
29,776,012.50 |
33,580,281.79 |
|
Accounts receivable |
16,312,392,764.21 |
13,776,923,643.11 |
|
Receivables financing |
811,919,683.55 |
964,286,203.65 |
|
Advances to suppliers |
1,233,849,146.95 |
716,624,965.91 |
|
Premiums receivable |
|
|
|
Reinsurance accounts receivable |
|
|
|
Deposits receivable from reinsurance contracts |
|
|
|
Other receivables |
1,301,377,297.20 |
1,206,031,526.58 |
|
Including: interest receivable |
|
|
|
Dividends receivable |
75,040,000.00 |
196,912,115.57 |
|
Financial assets purchased under resale agreements |
|
|
|
Inventories |
18,459,736,950.28 |
13,537,532,115.73 |
|
Including: data resources |
|
|
|
Contract assets |
804,490,691.96 |
662,942,444.38 |
|
Assets held for sale |
|
471,478,355.77 |
|
Non-current assets due within one year |
154,124,202.63 |
1,982,432,437.08 |
|
Other current assets |
2,562,281,036.15 |
2,189,300,251.46 |
|
Total current assets |
52,594,634,142.47 |
50,126,086,069.78 |
|
Non-current assets: |
||
|
Loans and advances granted |
|
|
|
Debt investments |
|
|
|
Other debt investments |
|
|
|
Long-term receivables |
149,084,709.09 |
10,000,000.00 |
|
Long-term equity investments |
778,949,883.49 |
804,763,159.59 |
|
Other equity instrument investments |
70,662,315.30 |
131,963,004.53 |
|
Other non-current financial assets |
447,958,773.68 |
615,540,590.66 |
|
Investment properties |
41,845,163.21 |
42,906,034.21 |
|
Fixed assets |
16,900,123,623.57 |
14,437,903,663.54 |
|
Construction in progress |
2,998,580,016.44 |
4,988,640,821.26 |
|
Productive biological assets |
|
|
|
Oil and gas assets |
|
|
|
Right-of-use assets |
228,920,829.54 |
254,570,604.39 |
|
Intangible assets |
2,494,783,221.15 |
2,482,930,280.67 |
|
Including: data resources |
|
|
|
Development expenditure |
399,479,010.01 |
227,008,615.55 |
|
Including: data resources |
|
|
|
Goodwill |
74,842,051.08 |
68,569,375.91 |
|
Long-term deferred expenses |
51,596,036.77 |
58,335,702.92 |
|
Deferred tax assets |
1,286,137,456.08 |
1,220,487,147.40 |
|
Other non-current assets |
12,810,898,112.99 |
11,324,796,176.91 |
|
Total non-current assets |
38,733,861,202.40 |
36,668,415,177.54 |
|
Total assets |
91,328,495,344.87 |
86,794,501,247.32 |
|
Current liabilities: |
||
|
Short-term borrowings |
3,379,708,105.49 |
1,576,852,627.32 |
|
Borrowings from central bank |
|
|
|
Borrowings from banks and other financial institutions |
|
|
|
Financial liabilities held for trading |
|
|
|
Derivative financial liabilities |
|
|
|
Notes payable |
10,682,435,455.30 |
9,517,195,130.76 |
|
Accounts payable |
17,042,344,675.59 |
13,016,725,356.61 |
|
Advances from customers |
2,408,018.95 |
1,400,516.31 |
|
Contract liabilities |
8,244,826,716.49 |
9,289,672,830.58 |
|
Financial assets sold under repurchase agreements |
|
|
|
Customer bank deposits and due to banks and other financial institutions |
|
|
|
Receivings from vicariously traded securities |
|
|
|
Receivings from vicariously underwritten securities |
|
|
|
Employee compensation payable |
321,555,104.24 |
365,867,281.70 |
|
Taxes and surcharges payable |
121,194,246.89 |
179,828,757.30 |
|
Other payables |
2,397,406,976.91 |
2,471,345,185.17 |
|
Including: interest payable |
|
|
|
Dividends payable |
2,200,000.00 |
2,200,000.00 |
|
Handling charges and commissions |
|
|
|
Reinsurance accounts payable |
|
|
|
Liabilities held for sale |
|
265,940,037.74 |
|
Non-current liabilities due within one year |
2,056,419,515.14 |
1,628,453,578.61 |
|
Other current liabilities |
856,314,046.62 |
824,283,468.88 |
|
Total current liabilities |
45,104,612,861.62 |
39,137,564,770.98 |
|
Non-current liabilities: |
||
|
Reserves for insurance contract |
|
|
|
Long-term borrowings |
12,480,893,977.10 |
13,941,868,567.24 |
|
Bonds payable |
|
|
|
Including: preferred shares |
|
|
|
Perpetual bonds |
|
|
|
Lease liabilities |
175,781,505.84 |
179,232,500.52 |
|
Long-term payables |
3,582,835,584.69 |
3,402,243,662.97 |
|
Long-term employee compensation payable |
|
|
|
Estimated liabilities |
1,578,004,848.74 |
1,618,197,535.67 |
|
Deferred income |
335,975,759.64 |
363,033,611.54 |
|
Deferred tax liabilities |
653,840,919.42 |
889,135,406.28 |
|
Other non-current liabilities |
|
|
|
Total non-current liabilities |
18,807,332,595.43 |
20,393,711,284.22 |
|
Total liabilities |
63,911,945,457.05 |
59,531,276,055.20 |
|
|
||
|
Paid-in capital (or share capital) |
2,271,496,706.00 |
2,271,594,206.00 |
|
Other equity instruments |
|
|
|
Including: preferred shares |
|
|
|
Perpetual bonds |
|
|
|
Capital reserve |
16,834,571,826.05 |
16,833,342,902.64 |
|
Less: treasury shares |
1,310,111,118.52 |
1,310,681,503.52 |
|
Other comprehensive income |
33,671,998.19 |
34,177,712.67 |
|
Special reserve |
166,548,910.68 |
127,720,399.63 |
|
Surplus reserve |
800,205,863.05 |
800,205,863.05 |
|
General risk reserve |
|
|
|
Undistributed profits |
7,592,941,573.41 |
7,481,114,182.62 |
|
Total owners' equity (or shareholders' equity) attributable to the parent company |
26,389,325,758.86 |
26,237,473,763.09 |
|
Minority equity |
1,027,224,128.96 |
1,025,751,429.03 |
|
Total owners' equity (or shareholders' equity) |
27,416,549,887.82 |
27,263,225,192.12 |
|
Total liabilities and owners' equity (or shareholders' equity) |
91,328,495,344.87 |
86,794,501,247.32 |
Company Principal:Chief Financial Officer:Chief Accountant:
Consolidated Income Statement
January - September 2025
Prepared by:
Unit: RMB Currency: RMB Audit type: Unaudited
|
Item |
The first three quarters of 2025 (January - September) |
The first three quarters of 2024 (January - September) |
|
I. Total operating revenue |
26,303,692,904.49 |
20,236,621,066.72 |
|
Including: operating revenue |
26,303,692,904.49 |
20,236,621,066.72 |
|
Interest income |
|
|
|
Premiums earned |
|
|
|
Handling charges and commission income |
|
|
|
II. Total operating costs |
25,773,425,190.57 |
20,287,976,841.08 |
|
Including: operating costs |
23,285,602,730.50 |
18,112,722,300.75 |
|
Interest expenses |
|
|
|
Handling charges and commission expenses |
|
|
|
Surrender value |
|
|
|
Net amount of compensation payout |
|
|
|
Net amount withdrawn for insurance liability reserves |
|
|
|
Policy dividend payment |
|
|
|
Reinsurance costs |
|
|
|
Taxes and surcharges |
88,981,816.44 |
115,210,839.03 |
|
Selling expenses |
591,000,514.70 |
506,643,285.64 |
|
G&A expenses |
857,775,786.64 |
777,466,152.02 |
|
R&D expenses |
581,287,032.65 |
501,035,158.59 |
|
Financial expenses |
368,777,309.64 |
274,899,105.05 |
|
Including: interest expenses |
428,975,957.52 |
380,619,192.19 |
|
Interest income |
119,883,041.23 |
157,615,492.35 |
|
Plus: other income |
157,587,158.55 |
396,279,728.21 |
|
Investment income (loss expressed with "-") |
235,380,888.10 |
745,546,200.86 |
|
Including: income from investment in associates and joint ventures |
11,617,473.93 |
18,339,365.53 |
|
Gains from derecognition of financial assets measured at amortized cost |
|
|
|
Exchange gains (loss expressed with "-") |
|
|
|
Gains from net exposure hedging (loss expressed with "-") |
|
|
|
Income from changes in fair value (loss expressed with "-") |
51,376,851.74 |
-29,205,477.94 |
|
Losses from credit impairment (loss expressed with "-") |
-80,571,814.71 |
-24,083,195.79 |
|
Asset impairment loss (loss expressed with "-") |
-21,472,880.21 |
-52,061,122.36 |
|
Gains from disposal of assets (loss expressed with "-") |
-6,152,053.40 |
3,227,250.04 |
|
III. Operating profit (loss expressed with "-") |
866,415,863.99 |
988,347,608.66 |
|
Plus: non-operating revenue |
17,213,712.37 |
18,217,132.81 |
|
Less: non-operating expenses |
62,517,592.02 |
65,855,110.87 |
|
IV. Total profit (total loss expressed with "-") |
821,111,984.34 |
940,709,630.60 |
|
Less: income tax expenses |
31,795,962.64 |
76,345,567.40 |
|
V. Net profit (net loss expressed with "-") |
789,316,021.70 |
864,364,063.20 |
|
|
||
|
1. Net profit from continuing operations (net loss expressed with "-") |
710,909,544.04 |
864,364,063.20 |
|
2. Net profit from discontinued operations (net loss expressed with "-") |
78,406,477.66 |
|
|
|
||
|
1. Net profit attributable to shareholders of the parent company (net loss expressed with "-") |
765,756,951.96 |
808,510,813.26 |
|
2. Minority interest (net loss expressed with "-") |
23,559,069.74 |
55,853,249.94 |
|
VI. Net after-tax amount of other comprehensive income |
45,585.56 |
567,005.45 |
|
(I) Net other comprehensive income attributable to owners of the parent company after taxes |
-505,714.48 |
411,836.07 |
|
1. Other comprehensive income that cannot be reclassified into profit or loss |
3,142,589.61 |
3,929,302.09 |
|
(1) Remeasurement of changes in defined benefit plans |
|
|
|
(2) Other comprehensive income that cannot be transferred to profit or loss under the equity method |
|
|
|
(3) Changes in fair value of other equity instrument investments |
3,142,589.61 |
3,929,302.09 |
|
(4) Changes in fair value of the enterprise's own credit risk |
|
|
|
2. Other comprehensive income that will be reclassified into profit or loss |
-3,648,304.09 |
-3,517,466.02 |
|
(1) Other comprehensive income that can be transferred to profit or loss under the equity method |
|
|
|
(2) Changes in fair value of other debt investments |
|
|
|
(3) Amount of financial assets reclassified into other comprehensive income |
|
|
|
(4) Provision for credit impairment of other debt investments |
|
|
|
(5) Cash flow hedging reserve |
|
|
|
(6) Differences arising from translation of foreign currency financial statements |
-3,648,304.09 |
-3,517,466.02 |
|
(7) Other |
|
|
|
(II) Other comprehensive income, net of tax attributable to minority shareholders |
551,300.04 |
155,169.38 |
|
VII. Total comprehensive income |
789,361,607.26 |
864,931,068.65 |
|
(I) Total comprehensive income attributable to owners of the parent company |
765,251,237.48 |
808,922,649.33 |
|
(II) Total comprehensive income attributable to minority shareholders |
24,110,369.78 |
56,008,419.32 |
|
VIII. Earnings per share: |
||
|
(I) Basic earnings per share (RMB/share) |
0.34 |
0.36 |
|
(II) Diluted earnings per share (RMB/share) |
0.34 |
0.36 |
For business combination under the common control that occurred in the current period, the net profit realized by the combined party before the combination was: RMB , and the net profit realized by the combined party in the previous period was: RMB.
Company Principal:Chief Financial Officer:Chief Accountant:
Consolidated Statement of Cash Flows
January - September 2025
Prepared by:
Unit: RMB Currency: RMB Audit type: Unaudited
|
Item |
The first three quarters of 2025 (January - September) |
The first three quarters of 2024 (January - September) |
|
I. Cash flows from operating activities: |
||
|
Cash received from sales of goods and rendering of services |
21,493,739,518.61 |
18,279,497,292.67 |
|
Net increase in customer bank deposits and due to banks and other financial institutions |
|
|
|
Net increase in borrowings from central bank |
|
|
|
Net increase in borrowings from banks and other financial institutions |
|
|
|
Cash received from premiums from the original insurance contract |
|
|
|
Net cash received from reinsurance business |
|
|
|
Net increase in deposits and investments from policyholders |
|
|
|
Cash received from interest, handling charges and commissions |
|
|
|
Net increase in borrowings from banks and other financial institutions |
|
|
|
Net increase in funds from repurchase business |
|
|
|
Net cash received from vicariously traded securities |
|
|
|
Refund of taxes and surcharges |
80,655,501.11 |
147,606,004.42 |
|
Other cash received related to operating activities |
526,095,347.16 |
590,714,265.84 |
|
Sub-total of cash inflows from operating activities |
22,100,490,366.88 |
19,017,817,562.93 |
|
Cash paid for purchase of goods and rendering of services |
22,130,545,115.93 |
19,672,906,412.78 |
|
Net increase in loans and advances to customers |
|
|
|
Net increase in deposits in central bank, other banks and financial institutions |
|
|
|
Cash paid for original insurance contract claims |
|
|
|
Net increase in loans to banks and other financial institutions |
|
|
|
Cash paid for interest, handling charges and commissions |
|
|
|
Cash paid for policy dividends |
|
|
|
Cash paid to and for employees |
2,310,170,942.35 |
1,805,036,191.97 |
|
Cash paid for taxes and surcharges |
833,317,157.29 |
867,356,961.36 |
|
Other cash paid related to operating activities |
1,752,445,073.75 |
1,309,959,455.31 |
|
Sub-total of cash outflows from operating activities |
27,026,478,289.32 |
23,655,259,021.42 |
|
Net cash flows from operating activities |
-4,925,987,922.44 |
-4,637,441,458.49 |
|
II. Cash flows from investing activities: |
||
|
Cash received from disinvestment |
4,643,863,962.77 |
1,694,614,972.28 |
|
Cash received from investment income |
340,079,536.65 |
278,084,036.97 |
|
Net cash received from disposal of fixed assets, intangible assets and other long-term assets |
1,702,505.46 |
15,414,871.05 |
|
Net cash received from disposal of subsidiaries and other business units |
84,126,442.12 |
1,324,164,409.77 |
|
Other cash received relating to investing activities |
112,708,928.99 |
141,239,746.84 |
|
Sub-total of cash inflows from investing activities |
5,182,481,375.99 |
3,453,518,036.91 |
|
Cash paid for the acquisition and construction of fixed assets, intangible assets and other long-term assets |
2,820,958,869.00 |
5,075,795,718.55 |
|
Cash paid for investments |
5,076,728,805.21 |
391,179,335.04 |
|
Net increase in pledge loans |
|
|
|
Net cash paid for acquisition of subsidiaries and other business units |
8,543,494.07 |
|
|
Other cash paid related to investing activities |
|
|
|
Sub-total of cash outflows from investing activities |
7,906,231,168.28 |
5,466,975,053.59 |
|
Net cash flows from investing activities |
-2,723,749,792.29 |
-2,013,457,016.68 |
|
III. Cash flows from financing activities: |
||
|
Cash received from absorption of investments |
41,018,178.45 |
514,270,000.00 |
|
Including: cash received by subsidiaries from investments of minority shareholders |
41,018,178.45 |
514,270,000.00 |
|
Cash received from borrowings |
3,770,736,181.60 |
8,365,239,997.38 |
|
Other cash received related to financing activities |
3,202,984,833.05 |
2,285,676.90 |
|
Sub-total of cash inflows from financing activities |
7,014,739,193.10 |
8,881,795,674.28 |
|
Cash paid for debt repayments |
2,732,479,474.51 |
908,835,061.59 |
|
Cash paid for distribution of dividends, profits or interest payments |
1,015,536,304.94 |
1,050,221,330.79 |
|
Including: dividends and profits paid to minority shareholders by subsidiaries |
|
|
|
Other cash paid related to financing activities |
1,634,795,185.00 |
1,555,499,369.32 |
|
Sub-total of cash outflows from financing activities |
5,382,810,964.45 |
3,514,555,761.70 |
|
Net cash flows from financing activities |
1,631,928,228.65 |
5,367,239,912.58 |
|
IV. Effect of fluctuation in exchange rate on cash and cash equivalents |
-9,183,104.21 |
-15,395,666.00 |
|
V. Net increase in cash and cash equivalents |
-6,026,992,590.29 |
-1,299,054,228.59 |
|
Plus: beginning balance of cash and cash equivalents |
14,217,771,011.92 |
12,070,683,635.67 |
|
VI. Ending balance of cash and cash equivalents |
8,190,778,421.63 |
10,771,629,407.08 |
Company Principal:Chief Financial Officer:Chief Accountant
Balance Sheet of the Parent Company
September 30, 2025
Prepared by:
Unit: RMBCurrency: RMBAudit type: Unaudited
|
September 30, 2025 |
December 31, 2024 |
|
|
Current assets: |
||
|
Monetary funds |
5,686,358,206.67 |
10,313,010,044.29 |
|
Financial assets held for trading |
2,095,077,848.37 |
1,182,821.44 |
|
Derivative financial assets |
|
|
|
Notes receivable |
28,762,500.00 |
|
|
Accounts receivable |
15,582,373,285.44 |
13,000,209,778.03 |
|
Receivables financing |
773,978,498.74 |
912,994,530.43 |
|
Advances to suppliers |
1,093,128,409.76 |
887,889,018.48 |
|
Other receivables |
9,636,712,350.85 |
6,471,004,606.58 |
|
Including: interest receivable |
|
|
|
Dividends receivable |
|
18,979,170.00 |
|
Inventories |
7,378,214,239.49 |
7,310,936,330.66 |
|
Including: data resources |
|
|
|
Contract assets |
556,050,301.43 |
517,883,355.45 |
|
Assets held for sale |
|
|
|
Non-current assets due within one year |
154,124,202.63 |
1,982,432,437.08 |
|
Other current assets |
5,778,356,841.17 |
5,026,127,999.89 |
|
Total current assets |
48,763,136,684.55 |
46,423,670,922.33 |
|
Non-current assets: |
||
|
Debt investments |
|
|
|
Other debt investments |
|
|
|
Long-term receivables |
139,084,709.09 |
|
|
Long-term equity investments |
13,820,410,971.10 |
12,826,685,825.20 |
|
Other equity instrument investments |
16,139,592.40 |
85,147,270.95 |
|
Other non-current financial assets |
211,159,318.20 |
377,111,156.10 |
|
Investment properties |
|
|
|
Fixed assets |
1,027,627,270.54 |
994,569,830.08 |
|
Construction in progress |
527,245,861.47 |
549,297,292.93 |
|
Productive biological assets |
|
|
|
Oil and gas assets |
|
|
|
Right-of-use assets |
116,642,354.76 |
108,644,186.84 |
|
Intangible assets |
1,171,551,343.17 |
1,214,398,647.43 |
|
Including: data resources |
|
|
|
Development expenditure |
306,381,133.82 |
188,982,954.49 |
|
Including: data resources |
|
|
|
Goodwill |
|
|
|
Long-term deferred expenses |
19,152,192.92 |
19,671,894.24 |
|
Deferred tax assets |
500,569,083.96 |
502,145,618.18 |
|
Other non-current assets |
12,582,572,571.17 |
11,213,390,964.54 |
|
Total non-current assets |
30,438,536,402.60 |
28,080,045,640.98 |
|
Total assets |
79,201,673,087.15 |
74,503,716,563.31 |
|
Current liabilities: |
||
|
Short-term borrowings |
857,418,486.45 |
771,261,250.42 |
|
Financial liabilities held for trading |
|
|
|
Derivative financial liabilities |
|
|
|
Notes payable |
10,701,762,034.73 |
9,535,557,843.24 |
|
Accounts payable |
22,886,239,513.00 |
17,177,450,114.14 |
|
Advances from customers |
|
|
|
Contract liabilities |
9,215,143,605.53 |
11,849,366,795.43 |
|
Employee compensation payable |
123,904,499.14 |
136,927,014.53 |
|
Taxes and surcharges payable |
26,315,810.46 |
37,737,635.06 |
|
Other payables |
5,499,104,433.60 |
4,091,949,072.12 |
|
Including: interest payable |
|
|
|
Dividends payable |
|
|
|
Liabilities held for sale |
|
|
|
Non-current liabilities due within one year |
755,645,999.54 |
510,657,514.64 |
|
Other current liabilities |
982,599,354.26 |
1,158,958,075.19 |
|
Total current liabilities |
51,048,133,736.71 |
45,269,865,314.77 |
|
Non-current liabilities: |
||
|
Long-term borrowings |
1,017,867,873.80 |
1,920,993,635.90 |
|
Bonds payable |
|
|
|
Including: preferred shares |
|
|
|
Perpetual bonds |
|
|
|
Lease liabilities |
94,246,557.17 |
88,805,356.76 |
|
Long-term payables |
949,872,129.50 |
942,127,723.65 |
|
Long-term employee compensation payable |
|
|
|
Estimated liabilities |
1,501,731,274.96 |
1,524,346,793.92 |
|
Deferred income |
108,283,331.51 |
114,707,776.39 |
|
Deferred tax liabilities |
540,173,957.54 |
774,130,936.29 |
|
Other non-current liabilities |
|
|
|
Total non-current liabilities |
4,212,175,124.48 |
5,365,112,222.91 |
|
Total liabilities |
55,260,308,861.19 |
50,634,977,537.68 |
|
Owners' equity (or shareholders' equity): |
||
|
Paid-in capital (or share capital) |
2,271,496,706.00 |
2,271,594,206.00 |
|
Other equity instruments |
|
|
|
Including: preferred shares |
|
|
|
Perpetual bonds |
|
|
|
Capital reserve |
17,122,579,833.07 |
17,123,052,718.07 |
|
Less: treasury shares |
1,310,111,118.52 |
1,310,681,503.52 |
|
Other comprehensive income |
3,202,793.56 |
2,688,270.32 |
|
Special reserve |
|
|
|
Surplus reserve |
800,205,863.05 |
800,205,863.05 |
|
Undistributed profits |
5,053,990,148.80 |
4,981,879,471.71 |
|
Total owners' equity (or shareholders' equity) |
23,941,364,225.96 |
23,868,739,025.63 |
|
Total liabilities and owners' equity (or shareholders' equity) |
79,201,673,087.15 |
74,503,716,563.31 |
Company Principal:Chief Financial Officer:Chief Accountant:
Income Statement of the Parent Company
January - September 2025
Prepared by:
Unit: RMBCurrency: RMBAudit type: Unaudited
|
Item |
(January - September) |
(January - September) |
|
I. Operating revenue |
23,630,570,443.39 |
19,397,459,575.06 |
|
Less: operating costs |
22,201,819,523.32 |
17,907,775,177.21 |
|
Taxes and surcharges |
12,436,604.34 |
48,981,094.08 |
|
Selling expenses |
394,313,022.35 |
353,391,816.44 |
|
G&A expenses |
368,819,116.04 |
287,418,462.05 |
|
R&D expenses |
273,339,646.27 |
154,048,820.91 |
|
Financial expenses |
89,472,117.68 |
11,478,506.02 |
|
Including: interest expenses |
165,015,010.59 |
105,100,707.54 |
|
Interest income |
118,086,570.51 |
146,041,864.22 |
|
Plus: other income |
74,175,316.88 |
291,655,009.94 |
|
Investment income (loss expressed with "-") |
366,862,263.36 |
371,303,452.81 |
|
Including: income from investment in associates and joint ventures |
5,253,361.06 |
11,258,097.03 |
|
Gains from derecognition of financial assets measured at amortized cost |
|
- |
|
Gains from net exposure hedging (loss expressed with "-") |
|
|
|
Income from changes in fair value (loss expressed with "-") |
50,596,412.75 |
-14,225,331.06 |
|
Losses from credit impairment (loss expressed with "-") |
-22,697,331.49 |
75,641,888.25 |
|
Asset impairment loss (loss expressed with "-") |
-2,668,671.75 |
-25,669,301.53 |
|
Gains from disposal of assets (loss expressed with "-") |
-229,400.08 |
-1,515,443.05 |
|
II. Operating profit (loss expressed with "-") |
756,409,003.06 |
1,331,555,973.71 |
|
Plus: non-operating revenue |
5,019,821.49 |
2,515,862.27 |
|
Less: non-operating expenses |
32,325,117.42 |
42,917,477.02 |
|
III. Total profit (total loss expressed with "-") |
729,103,707.13 |
1,291,154,358.96 |
|
Less: income tax expenses |
3,063,468.87 |
129,306,621.85 |
|
IV. Net profit (net loss expressed with "-") |
726,040,238.26 |
1,161,847,737.11 |
|
(I) Net profit from continuing operations (net loss expressed with "-") |
726,040,238.26 |
1,161,847,737.11 |
|
(II) Net profit from discontinued operation (net loss expressed with "-") |
|
|
|
V. Net after-tax amount of other comprehensive income |
514,523.24 |
3,328,596.53 |
|
(I) Other comprehensive income that cannot be reclassified into profit or loss |
514,523.24 |
3,328,596.53 |
|
1. Remeasurement of changes in defined benefit plans |
|
|
|
2. Other comprehensive income that cannot be transferred to profit or loss under the equity method |
|
|
|
3. Changes in fair value of investments in other equity instruments |
514,523.24 |
3,328,596.53 |
|
4. Changes in fair value of the enterprise's own credit risk |
|
|
|
(II) Other comprehensive income that will be reclassified to profit or loss |
|
- |
|
1. Other comprehensive income that can be transferred to profit or loss under the equity method |
|
|
|
2. Changes in fair value of other debt investments |
|
|
|
3. Amount of financial assets reclassified into other comprehensive income |
|
|
|
4. Provision for credit impairment of other debt investments |
|
|
|
5. Cash flow hedging reserve |
|
|
|
6. Differences arising from translation of foreign currency financial statements |
|
|
|
7. Other |
|
|
|
VI. Total comprehensive income |
726,554,761.50 |
1,165,176,333.64 |
|
VII. Earnings per share: |
||
|
(I) Basic earnings per share (RMB/share) |
|
|
|
(II) Diluted earnings per share (RMB/share) |
|
|
Company PrincipalChief Financial Officer:Chief Accountant:
Statement of Cash Flows of the Parent Company
January - September 2025
Prepared by:
Unit: RMBCurrency: RMBAudit type: Unaudited
|
Item |
(January - September) |
(January - September) |
|
I. Cash flows from operating activities: |
||
|
Cash received from sales of goods and rendering of services |
21,008,798,909.56 |
18,420,997,026.65 |
|
Refund of taxes and surcharges |
15,911,620.44 |
33,249,152.51 |
|
Other cash received related to operating activities |
3,361,574,443.55 |
1,844,031,294.43 |
|
Sub-total of cash inflows from operating activities |
24,386,284,973.55 |
20,298,277,473.59 |
|
Cash paid for purchase of goods and rendering of services |
24,262,307,450.06 |
21,013,169,152.07 |
|
Cash paid to and for employees |
673,852,878.02 |
541,274,126.37 |
|
Cash paid for taxes and surcharges |
398,326,338.76 |
375,299,927.82 |
|
Other cash paid related to operating activities |
1,812,407,093.12 |
1,020,136,218.79 |
|
Sub-total of cash outflows from operating activities |
27,146,893,759.96 |
22,949,879,425.05 |
|
Net cash flows from operating activities |
-2,760,608,786.41 |
-2,651,601,951.46 |
|
II. Cash flows from investing activities: |
||
|
Cash received from disinvestment |
4,457,226,107.65 |
1,694,614,972.28 |
|
Cash received from investment income |
427,187,037.80 |
360,003,244.99 |
|
Net cash received from disposal of fixed assets, intangible assets and other long-term assets |
51,167.26 |
|
|
Net cash received from disposal of subsidiaries and other business units |
|
|
|
Other cash received relating to investing activities |
2,003,849,618.57 |
2,419,015,266.59 |
|
Sub-total of cash inflows from investing activities |
6,888,313,931.28 |
4,473,633,483.86 |
|
Cash paid for the acquisition and construction of fixed assets, intangible assets and other long-term assets |
273,485,845.46 |
823,419,397.27 |
|
Cash paid for investments |
5,658,508,421.82 |
1,241,827,895.04 |
|
Net cash paid for acquisition of subsidiaries and other business units |
|
|
|
Other cash paid related to investing activities |
1,551,328,922.14 |
1,795,743,378.34 |
|
Sub-total of cash outflows from investing activities |
7,483,323,189.42 |
3,860,990,670.65 |
|
Net cash flows from investing activities |
-595,009,258.14 |
612,642,813.21 |
|
III. Cash flows from financing activities: |
||
|
Cash received from absorption of investments |
|
|
|
Cash received from borrowings |
1,430,865,068.10 |
1,613,454,946.31 |
|
Other cash received related to financing activities |
337,539,550.00 |
|
|
Sub-total of cash inflows from financing activities |
1,768,404,618.10 |
1,613,454,946.31 |
|
Cash paid for debt repayments |
2,175,028,392.00 |
61,400,000.00 |
|
Cash paid for distribution of dividends, profits or interest payments |
717,433,617.35 |
701,986,577.48 |
|
Other cash paid related to financing activities |
16,411,961.85 |
1,677,960,167.30 |
|
Sub-total of cash outflows from financing activities |
2,908,873,971.20 |
2,441,346,744.78 |
|
Net cash flows from financing activities |
-1,140,469,353.10 |
-827,891,798.47 |
|
IV. Effect of fluctuation in exchange rate on cash and cash equivalents |
-15,580,671.52 |
-13,714,652.80 |
|
V. Net increase in cash and cash equivalents |
-4,511,668,069.17 |
-2,880,565,589.52 |
|
Plus: beginning balance of cash and cash equivalents |
10,117,007,049.72 |
8,826,106,622.07 |
|
VI. Ending balance of cash and cash equivalents |
5,605,338,980.55 |
5,945,541,032.55 |
Company Principal: Chief Financial Officer:Chief Accountant:
Adjustments to the financial statements as at the beginning of the year relating to the initial application of the new accounting standards or interpretations of standards since 2025
30 October, 2025